CVC acquires Bamboo in deal that values insurtech at $1.75 billion

White Mountains Sells Stake in Insurtech Bamboo

White Mountains has announced an agreement to sell its controlling interest in the insurtech company Bamboo to CVC, a global private equity firm. This move comes as Bamboo's valuation reaches approximately $1.75 billion, underscoring the increasing interest in tech-driven insurance solutions.

Details of the Transaction

The deal marks a significant transition for Bamboo, which focuses on leveraging technology to enhance insurance services. White Mountains, a Bermuda-based holding company, has decided to divest its stake as part of its strategy to focus on other investments.

Who’s Involved?

The key players in this transaction are White Mountains and CVC. White Mountains is a well-established player in the insurance and reinsurance markets, while CVC is known for its extensive portfolio in various sectors, including financial services and insurance.

Potential Impact

This acquisition could bring additional resources and support to Bamboo as it continues to innovate in the insurtech space. For industry professionals and stakeholders, this shift represents not only the growing importance of technology in insurance but also highlights the potential for private equity to influence the market landscape.

Investing in insurtech firms has become a strategic focus for many companies looking to enhance operational efficiency and customer experience. Thus, this deal might pave the way for further advancements in how insurance products are created and delivered.

Looking Ahead

With CVC at the helm, Bamboo may be positioned to accelerate its growth and impact within the industry, making it worth watching in the coming months. The integration of additional capital and expertise could lead to new developments, potentially benefiting both consumers and the broader insurance industry.

Original Source: https://www.theinsurer.com/ti/news/cvc-acquires-bamboo-in-deal-that-values-insurtech-at-175-billion-2025-10-03/